Bitcoin price surges to five months high.
April 24, 2019 | Investopaper
Bitcoin price has surged to more than $5500 for the first time in the period of five months. The crypto-currency has been trading for more than $5500 today. Bitcoin accounts for more than half of the total market capitalization of all the cryptocurrencies that are traded in the market. The price of bitcoin surged to more than $19,000 and then fell to below $4,000 in a single year.
See the picture below which shows the recent price of bitcoin and other popular cryptocurrencies. Except for bitcoin, all other cryptocurrencies have shown a decline in their price.
Those that have the patience and discipline to stick around will be rewarded handsomely, says bitcoin fund manager Anthony Pompliano.
